Burberry Share News (BRBY)

China's Sanya holiday hotspot shuts duty-free malls, venues to curb COVID

SHANGHAI, Aug 5 (Reuters) - Sanya, a top tropical holiday destination on China's southern Hainan island, began closing its duty free malls on Friday in response to a worsening COVID-19 outbreak.

UK dividends calendar - next 7 days

LONDON BROKER RATINGS: Goldman likes Haleon but says sell Schroders

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

LONDON BROKER RATINGS: Trio of downgrades for Fevertree; Admiral cut

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

European shares rebound with focus on Italian politics, ECB policy meeting

July 15 (Reuters) - Automakers and retail stocks on Friday led a rebound in European shares from a two-day rout that saw investors grapple with shifting expectations of U.S. interest rate hikes, a political crisis in Italy and recession risks.

LONDON MARKET CLOSE: Stocks higher as US rate hikes fears calm

(Alliance News) - Stocks in London ended the week in the green after positive retail sales data from the US, easing fears over future US interest rate hikes.

UK stocks end the week lower as slowdown woes mount

July 15 (Reuters) - London's FTSE 100 index ended the week lower on worries about aggressive interest rate hikes and a sharp slowdown in the global economy, even as energy and defensive stocks lifted the benchmark index more than 1% on Friday.

American tourists splurge in Paris boutiques as euro slides

PARIS, July 15 (Reuters) - American tourist Shawna Wilson says she has splashed out on four dresses at the high-end LVMH-owned department store La Samaritaine in Paris, tempted by the prices as the euro reached parity with the U.S. dollar.

LONDON MARKET MIDDAY: Aston Martin jumps on backing from Saudi fund

(Alliance News) - Stocks in London were broadly higher at midday on Friday, amid easing fears over future US interest rate hikes, while the AIM market was weighed down by a lowered earnings guidance from highly rated Fevertree Drinks.

Burberry, Richemont shares slump on China jitters, weaker US

PARIS, July 15 (Reuters) - Burberry and Richemont on Friday laid bare the damage to sales inflicted by China's strict lockdowns, driving their shares sharply down and renewing concerns about the outlook for the world's top luxury goods market.

LONDON MARKET OPEN: Burberry falls as China lockdowns hurt sales

(Alliance News) - Stocks in London was mostly higher in early trade, as investor fears of a full percentage point rate hike from the US Federal Reserve later this month were eased by comments from several central bank members, reiterating support for a 75 basis point raise.

TOP NEWS: Burberry shares fall as China lockdowns damp growth

(Alliance News) - Burberry Group PLC shares dropped on Friday morning after the retailer reported that continued Covid disruption in China offset comparable store sales growth in its first quarter.

Burberry Q1 sales impacted by Chinese lockdowns

(Sharecast News) - Luxury fashion house Burberry said on Friday that first-quarter same-store sales increased just 1% year-on-year as sales were impacted by lockdowns across mainland China.

IN BRIEF: Burberry sees AGM discontent over director re-election

Burberry Group PLC - London-based luxury fashion retailer - Sees some minor shareholder rebellion at its annual general meeting on Tuesday, though ultimately all resolutions were passed with majorities. Notes 34% vote against the re-election of Antoine de Saint-Affrique as director of the company. Saint-Affrique is also chief executive of French food company Danone SA.

LVMH's Sephora to sell its Russian subsidiary

PARIS, July 11 (Reuters) - LVMH's retail beauty brand Sephora is selling its Russian subsidiary to the local general manager of the chain, the French company said on Monday, joining a flood of Western businesses leaving the country. Sephora, which has 88 stores in Russia with 1,200 employees, will now operate under the "Ile de Beaute" brand, a local chain it bought in 2016, a few years after an initial investment.